01
Project highlights
- Location: Hamriyah Free Zone, Sharjah, with direct berth access
- Specialization: naphtha upgrading and gasoline blending components
- Output meeting Euro 5 and GCC fuel standards
Strategic expansion
Refinery development
Korvia is developing a private conversion refinery in the Hamriyah Free Zone with a design capacity of 3.4 million barrels per year, turning naphtha into premium gasoline components for regional markets.
3.4Mbarrels per year design capacity
Euro 5product quality standard
2028target commissioning
#1private refinery of its kind in the UAE
02
Strategic objectives
- Capture value by converting naphtha into higher-margin fuels
- Secure a stable, own-source supply for our trading book
- Reduce dependence on third-party processing
03
Technical focus
- Catalytic reforming and isomerization units
- Advanced process control and digital twin monitoring
- Energy-efficient heat integration and emissions reduction
04
Market impact
- Additional high-octane supply for the GCC and East Africa
- Local jobs and technology transfer in the UAE
- A new benchmark for private downstream investment
- 2025
Feasibility & site selection
Technical and commercial studies completed; site secured in Hamriyah Free Zone.
- 2026
Engineering & permits
FEED, licensor selection and environmental permitting.
- 2027
Construction
EPC execution, tankage and marine interface works.
- 2028
Commissioning
Start-up, performance tests and first commercial cargoes.
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